BOYANOV & Co. Advised Tietoevry Oyj on the Acquisition of MentorMate LLC
July, 2023 - Sofia, Bulgaria
BOYANOV & Co. advised Tietoevry Oyj, a Finnish IT software and service company providing IT and product engineering services, on all Bulgarian legal aspects of the acquisition of MentorMate LLC, a digital engineering company headquartered in Minneapolis, USA, from Taylor Corporation.
MentorMate provides advanced digital engineering services, human-centered design, and AI capabilities to its customers in North America and Europe. The local subsidiary MentorMate Bulgaria EOOD is one of the leading companies in the sector and a large employer having approx. 800 FTEs.
Tietoevry leaders stated that the acquisition is aimed at bolstering its North American presence. The Finnish company is folding MentorMate into its “Tietoevry Create” unit, one of its five specialized businesses.
More information can be found here.
The team of BOYANOV & Co. was led by counsel Mihail Vishanin.
